School FRANCISCO P.

TOLENTINO NATIONAL HIGH SCHOOL Grade Level 12

GRADES 1 TO 12 Teacher MRS. EMARILYN D.BAYOT Learning Area Fundamentals of
DAILY LESSON LOG ABM2
Teaching Dates and Time JULY 01 - 05, 2019; MTTHF 7:40-8:40 A.M. Quarter 1

Session 1 Session 2 Session 3 Session 4 Sessio

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I. OBJECTIVES Objectives must be met over the week and connected to the curriculum standards. To meet the objectives, necessary procedures must be followed and if needed,
additional lessons, exercises and remedial activities may be done for developing content knowledge and competencies. These are assessed using Formative
Assessment strategies. Valuing objectives support the learning of content and competencies and enable children to find significance and joy in learning the lessons.
Weekly objectives shall be derived from the curriculum guides.
A. Content Standards The learners demonstrate an understanding of…the forms of business organization, namely, single proprietorship, partnership, and corporation, and the
structure of a SCE of a single proprietorship that will equip him / her in the preparation of the said financial report.
B. Performance Solve exercises and problems that require preparation of an SCE for a single proprietorship.
Standards
C. Learning
Discuss the different forms of business organization
Competencies/ Prepare an SCE for a single proprietorship. (ABM_FABM12-Ie-9)
(ABM_FABM12-Ie-8)
Objectives(Write the LC
code for each)
II.CONTENT Content is what the lesson is all about. It pertains to the subject matter that the teacher aims to teach in the CG, the content can be tackled in a week or two.
Element of Statement of Preparation of Statement of Preparation of Statement of Changes
Changes in Owner’s Equity Changes in Owner’s Equity in Partners Equity
IV. LEARNING RESOURCES List the materials to be used in different days. Varied sources of materials sustain children’s interest in the lesson and in learning. Ensure that there is a mix of
concrete and manipulative materials as well as paper-based materials. Hands-on learning promotes concept development.
A. References
1. Teacher’s Guide pp. 37 - 45
pages
2. Learner’s Material
pages
3. Textbook pages
4. Additional Materials
from Learning
Resource (LR) portal
B. Other Learning
Resources
V. PROCEDURES These steps should be done across the week. Spread out the activities appropriately so that students will learn well. Always be guided by demonstration of learning
by the students which you can infer from formative assessment activities. Sustain learning systematically by providing students with multiple ways to learn new
things, practice their learning, question their learning processes, and draw conclusions about what they learned in relation to their life experiences and previous
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 knowledge, indicate the time allotment for each step.
A. Reviewing previous  Greetings  Greetings  Greetings  Greetings
lesson or presenting  Attendance  Attendance  Attendance  Attendance
the new lesson  Discussion on the element  Discussion on the preparation  Discussion on the preparation of  Review of the Statement of Changes in
of Statement of Changes in of Statement of Changes in Statement of Changes in Partners owner’s Equity
Owner’s Equity Owner’s Equity. Equity

B. Establishing a purpose Where was the easiest part, Ask the students to enumerate Ask the students to enumerate the Ask the students. If you ever experienced
for the lesson the hardest? business entity they are familiar business establishments that are breaking the rules for you or for others’
with. common the locality. benefit?
Why? And How did it happen?
C. Presenting Discuss the importance of the SCE:
examples/instances of a. Differentiate assets, income and equity
the new lesson b. Tell the learners that a business can still earn, have a lot of assets but also have a very small equity because of a lot of liabilities. This means that the owner of the
business only has a very small claim over the company’s assets and income.
D. Discussing new Define the term Statement of Changes in Equity and differentiate the forms of businesses (single/sole proprietorship, partnership and corporation
concepts and
practicing new skills
#1

E. Discussing new STATEMENT OF CHANGES IN EQUITY – All changes, whether increases or decreases to the owner’s interest on the company during the period are reported
concepts and here. This statement is prepared prior to preparation of the Statement of Financial Position to be able to obtain the ending balance of the equity to be used
practicing new skills in the SFP. (Haddock, Price, & Farina, 2012).
#2

F. Developing mastery SINGLE/SOLE PROPRIETORSHIP –An entity whose assets, liabilities, income and expenses are centered or owned by only one person (Haddock, Price, &
(Leads to Formative Farina, 2012).
Assessment 3) PARTNERSHIP – An entity whose assets, liabilities, income and expenses are centered or owned by two or more persons (Haddock, Price, & Farina, 2012).
CORPORATION – An entity whose assets, liabilities, income and expenses are centered or owned by itself being a legally separate entity from its owners.
Owners are called shareholders or stockholders of the company (Haddock, Price, & Farina, 2012).
G. Finding practical Summarized the topics that Provide a sample SCE to the learners (powerpoint or acetate or hard copy) as an overview. Teacher can use the
applications of most of the students made a sample below or find a new one.
concepts and skills in wrong answer,
daily living

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H. Making Point out different parts of
generalizations and the Statement of Changes in
abstractions about the Equity
lesson a. Heading
i. Name of the Company
ii. Name of the Statement
iii. Date of preparation
(emphasis on the wording –
“for the”)
b. Increases to Equity
i. Net income for the year
ii. Additional investment
I. Evaluating learning 1. Which form of business
organization puts the least risk
on its owners?
2. Which form of business
organization is owned by only
one person?
3. Increases in owner’s equity
without additional investment.
4. Decreases to owner’s equity
apart from net effect of
revenues and expenses.
5. Decreases in equity aside
from withdrawals of the
LEARNING IS FUN COMPANY
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED DECEMBER 31, 2016
Owner*, Capital, January 1, 2016 P100,000
Add: Net income for the year 2016 50,000
Additional investment 25,000 75,000
Sub-total P175,000
Less: Withdrawals for the year 30,000
Owner*, Capital, December 31, 2016 P145,000
Differentiate the initial investment from the additional investments and define withdrawals
Initial Investment – The very first investment of the owner to the company.
Additional Investment – Increases to owner’s equity by adding investments by the owner(Haddock, Price, & Farina,
2012).
Withdrawals –Decreases to owner’s equity by withdrawing assets by the owner (Haddock, Price, &
Farina, 2012).
*Distribution of Income – When a company is organized as a corporation, owners (called shareholders) do not
decrease equity by way of withdrawal. Instead, the corporation distributes the income to the shareholders based on
the shares that they have (percentage of ownership of the company)
The Statement of Changes in Partners’ Equity is used by a partnerships instead of the Statement of Changes in
Owner’s Equity. The
differences between the two are as follows:
a. Title – instead of owner’s, partners’ is used to denote that this is a partnership
b. There are two or more owners in a partnership thus, the changes in the capital account of each partner is
presented
c. The net income is divided between partners (not always equal. Based on the agreement. Example: 60:40, 40:60,
etc.)
1. Owner, Juan invested an initial capital amounting P50,000 in order to put up his janitorial services company. During the first year of
operations (2016), the company had a loss of P25,000. Because of this, Juan invested additional capital amounting to P50,000 in 2017. In
the second year (2017), the company had a net income of P100,000 and Juan withdrew P10,000 for personal use. Compute for the
ending capital balance of Juan for the year 2017.
2. Owner Juana invested P100,000 to start her laundry business. During the first year of operations (2016), the company had a net
income of P15,000. Juana invested additional P100,000 to grow the business. In 2017, the business earned P50,000. As of December 31,
2017, Juana’s capital balance is P200,000. How much is Juana’s withdrawal?
3. The following balances were retrieved from the records of Juan’s Janitorial Services for the year ended December 31, 2016:
Capital, January 1, 2016 P 500,000
Withdrawals 100,000
Additional Investments 50,000
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 owners Net Loss 45,000
Prepare the Statement of Changes in Equity

J. Additional activities
for application or
remediation

VI. REMARKS
VII. REFLECTION Reflect on your teaching and assess yourself as a teacher. Think about your students’ progress this week. What works? What else needs to be done to help the
students learn? Identify what help your instructional supervisors can provide for you so when you meet them, you can ask them relevant questions.
A. No. of learners who
earned 80% in the
evaluation.
B. No. of learners who
require additional
activities for
remediation who
scored below 80%
C. Did the remedial
lesson work? No. of
learners who have
caught up with the
lesson.
D. No. of learners who
continue to require
remediation
E. Which of my teaching
strategies worked
well? Why did these
work?
F. What difficulties did I
encounter which my
principal or
supervisor can help
me solve?
G. What innovation or
localized materials
did I use/ discover
which I wish to share
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with other teachers?

Prepared by: Noted:

EMARILYN D. BAYOT BEVERLY B. GLORIA

Teacher III Principal

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